
Regulation
IRS, Treasury Soften Blow of Endowment Tax
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
Universities have called for the removal of the 1.4% excise tax, which they say hurts financial aid.
Higher education foundations finally get guidance on 2017 excise tax.
Clarification of 1.4% excise tax could reduce amount paid by universities.
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.